Bank of England Cuts Interest Rates as British Economy Weakens
The Bank of England cut interest rates on Thursday for the third time in about six months, amid signs of weak economic growth in Britain and an unexpected slowdown in…
State Farm Seeks an Urgent Increase in California Rates After Fires
State Farm, the largest homeowners’ insurance company in California, asked state insurance regulators on Monday to urgently approve a 22 percent average rate increase, a worrying sign for an already…
Internet-Connected Devices Can Now Have a Label that Rates Their Security
The White House on Tuesday unveiled a new label for smart thermostats, baby monitors, app-controlled lights and other internet-connected devices that will allow consumers to see how the increasingly popular…
Rainfall Significantly Boosts Ocean Carbon Dioxide Absorption Rates, Claims New Study
Recent research is shedding new light on how rainfall affects the ocean's ability to absorb carbon dioxide (CO₂) from the atmosphere—a factor that scientists have often overlooked when assessing how…
European Central Bank Cuts Interest Rates as Economic Growth Stagnates
The European Central Bank cut interest rates on Thursday, for the fifth consecutive time, amid slowing growth in the region’s economy.Policymakers lowered the bank’s key rate a quarter point to…
Fed keeps rates steady, toughens policy stance as ‘soft landing’ hopes grow
EconomyGovernmentPolitics20 September 2023, 2:38 pm 1 minute Reuters was first to report that the U.S. Federal Reserve held interest rates steady on Wednesday but stiffened a hawkish monetary policy stance…